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Monday, December 23, 2024

Home prices in Vermilion County increased in 2022

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The median sale price of a home sold in 2022 in Vermilion County rose by $3,000 while total sales decreased by 16%.

From January through December of 2022, there were 1,113 homes sold, with a median sale price of $68,000 - a 4.6% increase over the $65,000 median sale price for the same period of the previous year. There were 1,325 homes sold in Vermilion County in 2021.

The median sales tax in Vermilion County for the most recent year with available data, 2021, was $1,101 approximately 1.6% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Vermilion County from January 2021 to December 2022.

20212022$65000$65000$68000$68000

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